Job Details The Chief Accountant will provide financial & accounting services to the Organization in accordance to accepted financial regulations and accounting principles The role is also responsible for ensuring the financial records of the Company are accurate and properly maintained and regular/periodic reports & returns prepared and submitted to the Chief Medical Director and the Board of Directors.
Job Title: Chief Accountant
Main Duties and Responsibilities
Develop and manage financial systems, policies & processes in line with the Organization's overall Vision, Mission and strategic objectives. Enforce financial strategies and regulations across the Organization. Provide strategic analysis and support the Chief Medical Director and Head, Business Operations in strategic planning & decision making for the Organization. Management and co-ordination of daily operations of the Accounts Department to support the achievement of overall departmental goals and objectives.
Monitor the working capital of the Company by efficient liquidity management. Participate in the negotiation and review of financing and investment terms, provide relevant inputs/recommendations to Executive Management and maintain relationships with investors and lenders on behalf of the Company. Monthly management and review of Company's receivables. Supervise the preparation of weekly bank statement reconciliations before agreed cut-off date, clearing up any discrepancies with other accounts documents especially cash books. Daily payment initiation of all previously approved and processed bills and invoices within agreed timeframe(s).
Budgeting & Reporting:
Collate, prepare and interpret reports, budgets, accounts and financial statements within the required time periods and in accordance with International financial reporting standards. Control income, cash flow and expenditure; prepare the cash flow forecast for the Company. Prepare & submit requisite reports e.g. financial statements to stakeholders and Board members within agreed time-frame(s). Answer/report to all audit queries and inquiries.
Provide appropriate coordination, delegation, coaching and support to the Department's personnel to ensure efficient service delivery. Work with HR to implement measures for skill improvement of team members in the Department. Prepare and effect all approved staff payments as and when due. Miscellaneous: Keep abreast of new regulations or policies which may affect Company cash flows or financial activities, communicating same promptly to Executive Management as required. Perform other duties as assigned as by the Chief Medical Director or the Board of Directors.
Education, Qualifications & Experience
Bachelor's Degree in Accounting or Finance from a recognized institution. Post Graduate Studies An MBA or Master's Degree in Accounting or Finance or related discipline is preferred.
Professional qualification such as ACCA, CFA or similar qualification will be considered a plus. Prior knowledge and experience in the medical field is a definite advantage At least 4 years' experience in a financial management supervisory role A solid understanding of financial reporting & accounting principles, organization, planning, records management and general administration Working knowledge of statutory financial compliance legislation and regulations Proficient in Microsoft Office, the internet and different accounting packages like QuickBooks, Sage etc.
Personal Attributes & Physical Demands
The role holder must possess a high level of integrity Self-Motivated IT savvy with excellent numerical skills An Analytical mindset, coupled with a strong business acumen Planning & Organizing skills Strong problem solving skills Good interpersonal, oral & verbal communication skills Highly developed negotiation skills Must be responsible, responsive, flexible and accountable Should have the capacity to build an effective Team and be a mentor, coach & role model for team members Expected to observe safety measures as outlined in the Organization's Safety Policy Manual Must be able to multi-task and work under pressure to meet requisite deadlines